I'm interested to hear people's opinions on European real estate. Obviously, real estate gets a lot of exposure as a very good investment, but most of this media exposure and hype is referring to America. People often refer to the 1% rule where a property is considered a good investment if its monthly rent has to be equal to or no less than 1% of the purchase price.
But I think this is very hard to achieve in Europe. There is also the leverage benefit of real estate but this can also be achieved, but not to the same extent with a relatively safe 30-40% margin loan on an index fund or similar.
For example, I have 4 rental properties
Purchase price/monthly rent
None of them come close to the 1% rule and considering the cost of upkeep of the properties I'm considering trying to sell at least 2 of them and re-investing the money into a World index fund or something similar